vodafone will have to pay. brokerages are pointing out vodafone is more in trouble.they have some sort of financial month will -- muscle to pay. posting reliance earnings later today. what are investors watching for? >> reliance industry is in a profitable, it is going to announce its earnings. they are keen to understand, what are the additions of foam subscribers? -- phone subscribers? very keen to watch what kind of subscriber addition for the phone unit. they are turning an oil conglomerate into a consumer conglomerate. they are keenly watching what kind of additions there are two reliance industries. haslinda: thank you. india's markets have just opened. let's get right to mumbai. take us through what to expect from the sessions. it is risk in for asia, is it for in for india -- risk on on fours it risk india? -- the nikkei is trading up. 14 points. level.important support as you can see in the last five sessions, we have seen returns for the indian market. the most important point is how the broader markets have started to participate. the 500 index, trading fl

but two of the market leaders, vodafone and et al. are facing a mountain of debt. —— airtel.ctually made a sufficient return of investment on those large investments. these companies also owe the government a whopping $13 billion in licensing fees and taxes. the indian head of vodafone says this situation is crucial and they may have to shut down if the indian government doesn't help. these two companies are struggling due to one disruptor... jio, backed by asia's which is manned, it offered a free voice calls and supercheap data. they could afford to offer those services for free for six months and for incumbents, it was just six months and for incumbents, it wasjust in six months and for incumbents, it was just in ponds six months and for incumbents, it wasjust in ponds —— impossible to compete with free. this is a critical time in the sector as the rest of the world moves to this generation of mobile networks was up china's huawei is the well‘s leader in 5g and it is blocked from doing business in the united states so it is counting on its investments in india. but... indi

but two of the market leaders, vodafone and bharti airtel are facing a mountain of debt. 3g and sport —— 4g spectrum. and they haven't actually made a sufficient return on investment on those large investments. these companies also owe the indian government a whopping $13 billion in licensing fees and taxes. the indian head of vodafone ‘s as the situation is crucial and they may have to shut down, if the indian government doesn't help. these two companies are struggling due to one disrupt the — reliancejio which came on the scene in 2016, ed offered free voice calls and supercheap data. they could afford to offer those services for free for could afford to offer those services forfree for six months could afford to offer those services for free for six months and it was just impossible to compete. this is a critical time in the sector as the rest of the world moves towards the next generation of mobile networks. china's one away is the world leader in 5g and it is blocked from doing business in the united states —— while way. indian telecom companies lack a properfibre in

they will pick up 55% of vodafone's shareholding in vodafone egypt. it is effective for 75 days.aking in the region. nejra: china's markets closed for the lunar new year. investors are left unable to directly hedge their exposure. there is a range of proxies that traders are flocking to. here with your chart that matters is dani burger. >> certainly a nerve-racking week not to be able to trade on the chinese exchange is. we have seen a lot of these etf's picked up in popularity for hedges during this lunar new year. shares china listed u.s. etf's. you can see what has happened to the total option volume. this is more than 100,000 contracts traded. the last time we saw this much option value was back in 2015 when the yuan was devalued. , thethe past five days majority has actually been call options. those are bullish options. traders not only generally hedging, but hedging for upside in chinese companies. manus: thank you very much. dani burger with your very latest on chart that matters. it is all about the coronavirus and the continuous spread. we have fears among a whole range

but two of the market leaders, vodafone and hertel are facing a mountain of debt.uring 2013 — 17. and they haven't actually made a return on investment. these companies own the indian government a whopping $13 billion in licensing fees and taxes. india head of vodafone says the situation is crucial and they may have to shut down if the indian government doesn't help. these companies are struggling due to one disrupter. it came on the scene in 2016. backed by asia's richest man it offered free voice calls and supercheap data. they could afford to offer the services for free for could afford to offer the services forfree for six months could afford to offer the services for free for six months and four incumbents it was impossible to compete. this is a critical time in the sector. the rest of the world moves towards the next generation of mobile networks. china's huawei is the global leader and it's blocked from doing business in the united states so it's counting on its investments in india but the main telecom companies lack a proper fibre infrastructure and in our

vodafone is a weighted stock in the ftse 100.solutely flat. , lvmh is having a good day. we are going nowhere. from a sector point of view, it is a little bit more exciting. i am stretching to try to find something. let me show you with that grr function on the bloomberg looks like. travel and leisure is up at the top. construction is having an ok day. lvmh is having, an ok day. the industrials are trading higher as well. retail picking up. it has been weak for the last couple of sessions. bottom end of the market, oil and gas trending down. minors in london are exhibiting weakness. gas down .4%. the mining sector is down a little bit. the autos are down again today. it is a factor weighing on the german market. individual names, let me show you if you. forni making another offer cap tracks. a lot of analysts have suggested they will not go above 14, that is it. there was a court case involving an ceo that was trying to get reinstated, there might be a appeal. i bring up barclays because it is probably the european bank that will

the supreme court in october last year upheld a long—standing demand by companies including vodafonees in overdue levies and interest. the companies say the decision could threaten their existence in the market. it is a cold, milky drink with tapioca or jelly bits. bubble tea, originally from thai one, has gained international fans. we visited the first ever bubble tea exhibition to find out how it has become a billion—dollar business. suite, gimmicky and full of pastel colours. no, it's not barbie's boudoir, this exhibit in singapore pays homage to all things bubble tea. visit is can sniff the sense of mango, avocado and panic otter. some of the many flavours these popular drinks come in. or make their own concoction by mixing pals, soup, and tea to mix their own. fans of bubble tea to mix their own. fans of bubble tea loaded with pearls can dive into a pool of plastic pearls or swing from a pearl the size of a wrecking ball. i like bubble tea because it's very delicious and it makes me happy. i like bubble tea because it's very delicious and it makes me happylj like drinking bubble

companies like vodafone are already using some by way kit in 4g and they are comfortable about it asllowed to use it it would put the roll out of 5g back and there are not very many other very impressive alternative. ericsson, nokia, that type of thing. the borisjohnson is never going to wa nt the borisjohnson is never going to want to look like he is trumps poodle. the decision is apparently on tuesday. probably one of the most ill—conceived source quotes i have ever seen. whoever ill—conceived source quotes i have ever seen. whoever said this should be ashamed. huawei's next weeks chinese virus. that should not... somebody would have said that because no—one would make it up. it is obviously comes from someone who thinks they are being clever. it you made the point that it is notjust a row with trump but there is tension within the cabinet. absolutely. and other issues as well. a huawei decision on tuesday, government sets nationalised northern rail, final meetings on the fate of h s two, all in the build up to 11 o'clock on friday and laser shows. will this spoil brexit if he has

and vodafone is a good customer.a good showing at ces and known as the consumer electronics show in vegas with several analysises seeing them poised to win big 5g contracts but the secret sauce had everything to do with the mechanics of money management as they have grown, the company picked up more and more institutional support, self fulfilling managers won't buy stocks below $5 and sub 500 market capitalization it would have been too small for me to even mention on air because of our rules when the stock caught fire after the positive showing at ces they decided for good reason, there is problems and the balance sheet is still ugly and had to spend in recent quarters to fund the dozens of trials with major care yerz and now it has negative free cash flow. so speaking of trials. they got more than 50 of them going, you have to remember that a trial is not a contract. it is more like a pitch. they all go well and see who could make a fortune but if they don't go well they get nothing but the company is highly depend

—— by bt and vodafone.we under this huge lobbying campaign from the us. their assent and unanimity of opinion in the uk as i want to read you a tweet from theresa may's former adviser nick timothy. he sent this out today... " if "if it wasn't" if it wasn't good enough for the london underground,, white skin for 5g? none of us are technical experts but i can and send the people do not want to be dependent on a sickle supplier weather for 3g, 4g dependent on a sickle supplier weatherfor 3g, 4g or 5g. as you know our networking the 3g and 4g areas is full of huawei equipment. a lot of it in america as well as i understand it which would certainly not be safe to depend entirely on huawei for our future telecoms network, nobody is suggesting that. i think diversity in the system is a strength. i personally believe that if we use some of this equipment on the edges of the system in a careful and controlled way as part of a diverse and resilient system, that will serve uk national security. and i therefore worry t

advance western intelligence organizations have access to 100 percent data gathering by the likes of vodafone and g c h q the americans actually farm out their mass surveillance to britain so this information whether you are sexting or whether you are doing your work or whether you are just doing selfies or social media education whatever using your phones in your online devices for your information is currently being massive ailed and if you're not you should go and find out this information is then being used by the government data surveillance is here whether you like your not mass surveillance is here there is a very good case. to to assume that the they will be sold on to perhaps somebody else will. has gold interesting information i don't know who the body is going to be i don't know without the organisation is going to be but this is what is so worrying about it that was the 1st site this transfer of data seemed to make very little sense however i believe that the reason game plan behind this and there's a lot of money being exchanged returned for this data. the world's wealthiest pers

vodafone has become the latest company to leave facebook‘s digital currency project, libra. an exodus of backers including paypal and mastercard amid regulatory scrutiny. in october, the world's biggest economies warned cryptocurrencies such as libra pose a risk to the global financial system. france has agreed to delay its introduction of a new digital services tax. this is after a backlash from washington. france has agreed it won't introduce this new tax on international technology firms until the end of 2020. the us threatened to impose tariffs on $2.1; billion worth of french goods after the tax law was passed injuly last year. the us now says it won't introduce extra import taxes this year following the news. concerns that the deadly virus in china could be as damaging to the economy as the 2003 sars outbreak have kept investors jittery in asia. our asia business correspondent karishma vaswani is following the story from singapore. bring us up to date with the reaction to the outbreak and how it's been handled. well, in the first instance, i think that investors a cros

vodafone probably overestimated how quickly the developing markets would come online and how quickly would come down in price. divide to bring so many people in developing economies into the smartphone age. taylor: i want to switch to digital. there was a production that jet.com would break even -- prediction that jet.com would break even. it looks like they are still losing money. >> yes, that's why they are an independent entity. before uber and airbnb were coming up in creating the age of the unicorn, and they were this early example of all the silicon valley money that is going up in smoke. in response to a lot of the , they came on this very network and said by 2020 we will be breaking even. walmart ended up buying them the next year, but i'll accounts, i don't think that really happen. walmart is losing a lot of money in their competition with amazon right now. talk about google, alphabet. you come in and they thought cloud business would eclipse advertising revenue, but we are not quite there yet? >> they were a little ambitious in their production saying that by 2020, they wi

vodafone in india is down 22% in the session today.ears of that company not been able to go through right now. >> thank you. you are looking at tech, tech, tech driving gains in the u.s.. >> the question is what does that mean for europe? first of course is alphabet. joining the elite $1 trillion valuation club. on top of that, apple getting a lift from morgan stanley. they have a higher price target. chip maker. europeany, seeing futures in the front foot. juliette saly in singapore. happy friday to you all. >> china's economy stabilized in the last quarter. pace into the weakest decades. gross domestic products rose 6%. the first saw reduction in investment since june. the u.s. treasury will start issuing bonds. twenty-year bonds. institutional investors have been calling for more risk-free securities with longer dates. more details will come in february. the central bank in south korea kept its key rate on hold at 1.25%. it also took a more upbeat view on the economy. it suggested a series of downgrades are nearing an end. president

india's top court has agreed to hear a plea next week from vodafone as they seek more time to repay loanss want to negotiate terms of payment for the $7 billion they owe to the government in back fees. they have a combined net debt of 30 billion u.s. dollars and reported record losses last quarter as a result of provisions for the court ordered payments. shery: harley davidson drama turns another page later wednesday with the selection of a new ceo. the carrier has been rudderless since it's former boss was fired for allegedly trying to smuggle a harley using a plane. the carrier is trying to restore its battered reputation and bring down high leasing costs. they spend more on plane rentals as a percentage of revenue than any of its peers. jumped on news it may combine its rail business with a french rival. the two companies have held preliminary talks over the past few months although any type could face antitrust scrutiny. last year, the e.u. blocked a merger after regulations gave warnings about the threat of chinese competition. let's take a look at mitsubishi motors, trading in the s

our customers be it btr vodafone, they own and operate the networks, we do not access them unless weuments around huawei, links to low understanding about network technology as well as frankly low understanding around china. the debate has not been particularly well informed. you think china is not involved or interested in espionage of what is going on around the world in terms of technology and other people technology? you‘re saying no. i am not here to represent china. you are saying that as this perception that china wanted to get information that would want to. ourjob is to provide the kit to the networks, they own and operate the networks, they own and operate the networks, the point about that as we would be in breach of our terms of contract, in breach of local laws and restate very clearly asa local laws and restate very clearly as a business like most businesses we comply with all the laws and regulations whenever we operate. our business would cease to operate if we did what we are being accused of doing. the company has been operating for 30 years and has never been any e